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Beirut airport’s duty free hikes exchange rate

The duty free area of Lebanon's Beirut airport's has increase the exchange rate to 2,100 Lebanese pounds to the U.S. dollar, local media said...

Ghana’s inflation in January slows to 7.8 percent on stable local currency

The year-on-year inflation rate in Ghana slowed to 7.8 percent in January, compared with the 7.9 percent recorded last December, with the Ghana Statistical...
Reserve Bank of Zimbabwe

Zimbabwe central bank warns exchange rate manipulators as black market rates soar

The Reserve Bank of Zimbabwe on Friday warned exchange rate manipulators who it said were exerting pressure on the foreign exchange market, saying that...
Ghana Revenue Authority (GRA)

GRA to Announce Fixed Exchange Rate Rule

The Ghana Revenue Authority (GRA) is to start the implementation of fixed exchange rate regime to protect importers from the fluctuation of the US...
Godwin Emefiele

The flexibility of Nigeria’s exchange rate market

An Address by Godwin I. Emefiele, CON, Governor, Central Bank of Nigeria At the Unveiling of the Framework for Re-introduction of Managed Float Exchange...
Ghana President John Dramani Mahama(R) is welcomed by French President Francois Hollande as he arrives at the Elysee Palace for a lunch in the honor of several African President regarding the COP21 in Paris, France, Nov.10, 2015. The 2015 United Nations Climate Change Conference (COP 21) will take place from Nov. 30 to Dec. 11 in Paris, with the objective is to achieve a legally binding and universal agreement on climate change. (Xinhua/Theo Duval)

Be Truthful to Ghanaians, Mr. President

You can clearly see everybody is fed up with the corrupt and incompetent Mahama led administration and all you can see are Ghanaians yearning...

IMANI reviews Cedi and Business Climate in Ghana

IMANI's Ms Ivania Mondlane & Ms Keshia Osei-Kufour find out that it is relatively easier to start a business in Burundi, Liberia and Cote...

Government Eurobond exceeds expectations

?This represents an over-subscription of more than 100 per cent, indicating the high appetite for Ghana?s credit,? a statement issued by the Ministry of...

IMANI study shows latest business trends in Ghana

Introduction According to the World Bank?s Doing Business indicators, Ghana is the 12theasiest country in Sub-Saharan Africa in the ?Starting a Business? category; while, out...
[Figure 1: Trends in the value of major trading currencies against Ghanaian Cedi] [Source: Bank of Ghana, 2015]

Cedi faces big challenge against other major currencies

The structural challenges which confronted the Ghanaian economy in 2014 were considered mainly as the result of two-year lagged effects of policy decisions of...

Ghana’s economy to grow by 4.1 percent this year

The service disclosed this when it released figures covering the performance of the economy for the second quarter of this year. The quarter on...

Dollar rate will never reach GH? 6

Despite the impressive recovery of the Ghana cedi in recent times there are still fears the cedi will go back to its losing ways...

AGI displeased with economic environment

The Association of Ghana Industries (AGI) expresses serious concern over the dramatic exchange rate volatility and worsening macro-economic situation in the last three months....

Moody’s: China advances swapping scale change, a credit positive

China's new forex rate formation mechanism is credit positive as it will increase currency flexibility and support China's capital account liberalization, said Moody's in...
gold output

Gold price appreciates higher on Hong Kong Market

The gold price in Hong Kong went up 122 HK dollars to close at 11,150 HK dollars per tael on Thursday, according to the...

Despite Depreciation Pressures, Chinese RMB Unlikely To See Sharp Drop

Though the Chinese currency, the renminbi or yuan, weakened for the third consecutive day on Tuesday, analysts have said that a sharp drop is...

Gold price in Hong Kong went up 82 HK dollars

The gold price in Hong Kong went up 82 HK dollars to open at 11,250 HK dollars per tael on Monday, according to the...

Demand for the euro fell after the Swiss decision minimum exchange rate

The euro dropped to its lowest level since November 2003 on Thursday after the Swiss central bank announced that it would give up its...

Ghana To Record Single Digit Inflation By 2015

Bank of Ghana officials have projected the nation?s economy is to hit a single digit inflation rate again by the second half of next...
Bank of Ghana Governor Henry Kofi Wampah

Letter To The Governor

GOVERNOR BANK OF GHANA ONE THORPE ROAD ACCRA   Implications Of The Irregular Interbank Exchange Rate Figures Being Put Out By The Bank Of Ghana I write respectfully to...